Hospital market share: the declining share of small players in the market.
Analysis of a set of isolated hospital markets reveals that low-market-share hospitals have experienced a consistent decline in their market share for the last five years. The challenges presented by such a decline in market share are compounded by the overall decline in the total market (in terms of number of hospital discharges) for the markets studied. It is suggested that significant strategy changes may be required if low-market-share hospitals are to survive.
Dorner
F H
FH
Trinity University, San Antonio, TX.
Burr
R M
RM
Tucker
S L
SL
D002391:Catchment Area, Health / Q000191:economics; D004465:Economic Competition; D005376:Financial Management / Q000639:trends*; D005377:Financial Management, Hospital / Q000639:trends*; D006769:Hospitals, General / Q000191:economics / Q000706:statistics & numerical data*; D006801:Humans; D010343:Patient Admission / Q000706:statistics & numerical data*; D013781:Texas